V.12:8 (318-320): The Pivot Point For Trading by William I. Greenspan

V.12:8 (318-320): The Pivot Point For Trading by William I. Greenspan
Item# \V12\C08\PIVOT.PDF
Availability: In Stock

Product Description

The Pivot Point For Trading by William I. Greenspan

Want to know what the pros use in trading? Well, you're in luck. William Greenspan, the founder of the Commodity Boot Camp and a Chicago Mercantile Exchange floor trader, explains how he uses the pivot technique in trading.

For the first nine years as a professional floor trader, I was oblivious to any technical trading techniques. I traded Treasury bonds, currencies, cattle, soybeans and Standard & Poor's 500 contracts with only fundamental trading techniques. As the markets have become more efficient and in turn I have become I hope a little wiser, I have acquainted myself with some technical tools to help me compete in today's market.

One of the most valuable technical trading tools that I use every day is the pivot technique. I was introduced to pivot technique trading about six years ago, although it has been around for decades. Many professional traders use the pivot technique and others keep the pivot calculations handy to know what the pivot traders are doing and not get in the way. For an active day trader, the pivot technique can offer numerous profit opportunities. This technique works efficiently in all futures markets, although it responds better in markets with a wide daily trading range, such as T-bonds, the S&P 500 and currencies. It is harder to use in the corn, wheat or soybeans markets, which currently have narrow trading ranges.

*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.

Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order